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Ali Baba evicted from Victoria Island property

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Ali Baba evicted from Victoria Island property

by Present Nigeria
September 9, 2025
in Entertainment
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Ali Baba evicted from Victoria Island property
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Veteran Nigerian comedian, Ali Baba, has been evicted from his Victoria Island property in Lagos state.

He was evicted alongside his company, XQZMOI TV, after a writ of possession signed by the Federal High Court on August 15, 2025.

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The property was sold to Ali Baba for N220 million by the federal government in 2021, through the Assets Management Corporation of Nigeria, AMCON.

AMCON claimed to have sold out the property to recover the debts allegedly owed by Harold Expansion Industries Nigeria Limited.

Dismissing AMCON’s case, Justice Ambrose Lewis-Allagoa, in his ruling on July 31, 2025, said the corporation failed to provide evidence of the alleged debt.

The court ordered that the property be returned to its original owner, and also imposed a N500 million fine in damages on AMCON.

It was gathered that the comedian’s liability in the case came as a result of the timing he bought the property.

Ali Baba, who was a tenant of the property’s original owner before their eviction by AMCON, reportedly bought the property while the case was still in court, despite an existing preservation order

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PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
It leads in lucid presentation of trending stories and breaking news in Politics, Business, Economy, Entertainment, Sports, Lifestyles and Other Features.
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